U.S. President Donald Trump’s Board of Peace is set to unveil a six-month, $2.45 billion recovery plan for Gaza on Wednesday, covering housing, infrastructure, healthcare and security, Axios reported.
The 66-project proposal sets out planned spending on temporary housing, rubble removal, hospital repairs, economic recovery and the deployment of a multinational security force, according to a copy of the plan cited by Axios.
The plan estimates the physical damage to Gaza at $35.2 billion and says full recovery and reconstruction would require about $71.4 billion over the next decade.
The proposal calls for repairing border crossings, restoring electricity and water infrastructure, deploying 25,000 portable solar-power kits and permanently filling tunnels beneath sites earmarked for priority reconstruction.
The Trump administration told Congress in late July that it planned to provide more than $206 million for a proposed Gaza peacekeeping force, marking the first significant U.S. funding for the broader plan to rebuild Gaza.
Trump established the Board of Peace to oversee his plan aimed at ending the war in Gaza and advancing reconstruction.
However, progress has stalled since an agreement was announced in late July, as key conditions required for implementation remain unfulfilled by Israel and Hamas.
The Board of Peace and the Palestinian technocratic government have yet to secure the full $2.45 billion, according to Axios. However, officials are confident donor countries will provide funding once political obstacles are cleared.
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One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Pakistan has called on Afghanistan’s Taliban authorities to crack down on militants operating from Afghan territory, warning that cross-border attacks pose a growing threat to regional security.
Saudi Arabia has vowed to remain resilient after a wave of Houthi missile and drone attacks killed around 20 people at Riyadh's main airport, raising concerns over the kingdom's air defences and disrupting flights across the region.
Armenian Prime Minister Nikol Pashinyan has urged Armenia and Azerbaijan to sign and ratify their peace agreement as soon as possible, calling it a crucial step towards securing his country's long-term stability.
Georgia is seeking to join the China-Kyrgyzstan-Uzbekistan transport route as part of efforts to boost trade and strengthen access to international markets. The country is also investing in transport infrastructure and deepening economic ties with Uzbekistan.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
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